Ripple in still water: Dashboard preview

IT-Enquirer has a post that contains a textual description of Dashboard, one of the most hidden features of the new Tiger OS 10.4 operating system. Apparently the feature is still too unstable to allow screenshots of the app, but the description at least is intriguing.

The dashboard displays Konfabulator-like widgets that are supposed to give you easy access to information and application controls. To launch a widget, you click on a widget name located in a bar across the top of the screen.
It's not a genie effect that accompanies the opening of said widget, but a reportedly cool ripple effect, as of a pebble thrown in water. Sounds like zen computing to me!

I'm totally curious to see what kind of widgets Apple and third-party developers can cook up. Apple is having a widget-writing contest, but not sure if it's underway already – is anybody out there working on a widget as we speak?
And does anybody else find 'widget' to be a truly endearing word?